PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1779714
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1779714
Thailand Crop Protection Chemicals Market, By Product Type; By Mode of Application; By Crop Type, Trend Analysis, Competitive Landscape & Forecast, 2019-2031
Thailand Crop Protection Chemicals Market Flourishing to Surpass USD 1.3 Billion by 2031
Thailand Crop Protection Chemicals Market is booming primarily due to a spurring demand for food, the increasing cultivation of high-value crops, and supportive government initiatives.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Thailand Crop Protection Chemicals Market size by value at USD 0.89 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Thailand Crop Protection Chemicals Market size to expand at a CAGR of 5.76% reaching a value of USD 1.31 billion by 2031. The growth of Crop Protection Chemicals Market in Thailand is propelled by the robust expansion of the agricultural sector and escalating food demand from a growing population. Changing climate patterns are contributing to a rise in pest and disease occurrences, necessitating increased adoption of crop protection solutions. Furthermore, urbanization and the diminishing availability of arable land are intensifying the focus on maximizing yield per unit area, thereby driving chemical usage. The Thai government's supportive initiatives, notably awareness campaigns by Thailand's Ministry of Agriculture and Cooperatives, are improving farmer education on the appropriate application of crop protection products, supporting sustainable agricultural practices. In addition, continuous research and development efforts directed at creating targeted, environmentally conscious solutions, alongside the increasing acceptance of bio-based alternatives, are expected to further stimulate market growth during the forecast period.
Fruits & Vegetables Segment Leads Thailand Market
The fruits & vegetables segment holds the highest share in Thailand Crop Protection Chemicals Market by crop type. Thailand's conducive tropical climate fosters a robust horticulture sector, characterized by significant production of fruits and vegetables such as mangoes, durians, and longans. In 2022, approximately 1.2 million hectares were dedicated to the cultivation of 57 tropical fruits, yielding around 11 million metric tons. However, this climate also elevates the susceptibility of crops to pests, fungi, and diseases. As fruit and vegetable farming expands, the incidence of pest-related risks increases, thereby necessitating comprehensive crop protection strategies. Farmers are increasingly adopting insecticides and biological agents to effectively manage crop-specific threats and maintain productivity. Notably, this segment exhibits the highest consumption of pesticides, a trend that is anticipated to persist.
Impact of Escalating Geopolitical Tensions on Thailand Crop Protection Chemicals Market
Intensifying geopolitical tensions could have a multifaceted impact on Thailand Crop Protection Chemicals Market. Disruptions in global trade routes and strained diplomatic relations have the potential to cause delays or restrictions in the importation of essential raw materials and finished agrochemical products. This could lead to supply chain disruptions and price volatility, impacting the availability of crucial products for Thai farmers. Furthermore, fluctuations in fuel and logistics costs, influenced by global instability, may further elevate input expenses. Uncertain international policies and sanctions could also impede collaborations and investments in agricultural research and development. Cumulatively, these factors could undermine market stability and restrict access to advanced crop protection solutions for Thailand's agricultural sector.
Competitive Landscape
Thailand Crop Protection Chemicals Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Sumitomo Chemical Asia Pte Ltd, ADAMA Agriculture Solutions, Arysta LifeScience Co. Ltd, Bayer Crop Science AG, Sotus International Co. Ltd, Corteva Agriscience, Ag-gro Co. Ltd, Syngenta International AG, SGS Thailand Limited (SGS SA), and BASF SE. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in Thailand Crop Protection Chemicals Market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and Thailand Crop Protection Chemicals Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Thailand Crop Protection Chemicals Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Thailand Crop Protection Chemicals Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Food Demand
- 3.2.1.2. Expansion of High-Value Crops
- 3.2.1.3. Government Initiatives
- 3.2.2. Restraints
- 3.2.2.1. Environmental & Health Concerns
- 3.2.2.2. Price Sensitivity of Farmers
- 3.2.3. Opportunities
- 3.2.3.1. Integrated Pest Management
- 3.2.3.2. Biopesticides & Biocontrol
- 3.2.4. Challenges
- 3.2.4.1. Limited Awareness & Training
- 3.2.4.2. Climatic Uncertainty & Natural Disasters
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Thailand Crop Protection Chemicals Market: Marketing Strategies
5. Thailand Crop Protection Chemicals Market: Pricing Analysis
6. Thailand Crop Protection Chemicals Market Overview
- 6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.1.1. Herbicides
- 6.2.1.2. Insecticides
- 6.2.1.3. Fungicides
- 6.2.1.4. Others
- 6.2.2. By Mode of Application
- 6.2.2.1. Foliar Spray
- 6.2.2.2. Seed Treatment
- 6.2.2.3. Soil Treatment
- 6.2.2.4. Others
- 6.2.3. By Crop Type
- 6.2.3.1. Cereals & Grains
- 6.2.3.2. Fruits & Vegetables
- 6.2.3.3. Oilseeds & Pulses
- 6.2.3.4. Others
- 6.2.4. Competitive Landscape
- 6.2.1. By Product Type
- 6.3. List of Key Players and Their End Users
- 6.4. Thailand Crop Protection Chemicals Market Company Market Share Analysis, 2024
- 6.5. Competitive Benchmarking, By Oping Parameters
- 6.6. Key Strategic Development (Mergers, Acquisitions, Partnerships)
7. Impact of Escalating Geopolitical Tensions on Thailand Crop Protection Chemicals Market
8. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 8.1. Sumitomo Chemical Asia Pte Ltd
- 8.2. ADAMA Agriculture Solutions
- 8.3. Arysta LifeScience Co. Ltd
- 8.4. Bayer Crop Science AG
- 8.5. Sotus International Co. Ltd
- 8.6. Corteva Agriscience
- 8.7. Ag-gro Co. Ltd
- 8.8. Syngenta International AG
- 8.9. SGS Thailand Limited (SGS SA)
- 8.10. BASF SE
- 8.11. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
- 10.1. Qualitative Research
- 10.1.1. Primary & Secondary Research
- 10.2. Quantitative Research
- 10.3. Market Breakdown & Data Triangulation
- 10.3.1. Secondary Research
- 10.3.2. Primary Research
- 10.4. Breakdown of Primary Research Respondents
- 10.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 Thailand Crop Protection Chemicals Market Segmentation
- Figure 2 Thailand Crop Protection Chemicals Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2024
- Figure 4 Thailand Crop Protection Chemicals Market Size, By Value (USD Million), 2019-2031
- Figure 5 Thailand Crop Protection Chemicals Market Share, By Product Type, By Value (USD Million) 2019-2031
- Figure 6 Thailand Crop Protection Chemicals Market Share, By Mode of Application, By Value (USD Million) 2019-2031
- Figure 7 Thailand Crop Protection Chemicals Market Share, By Crop Type, By Value (USD Million) 2019-2031
List of Tables
- Table 1 Thailand Crop Protection Chemicals Market Share, By Product Type, By Value (USD Million) 2019-2031
- Table 2 Thailand Crop Protection Chemicals Market Share, By Mode of Application, By Value (USD Million) 2019-2031
- Table 3 Thailand Crop Protection Chemicals Market Share, By Crop Type, By Value (USD Million) 2019-2031
- Table 4 Sumitomo Chemical Asia Pte Ltd Company Overview
- Table 5 Sumitomo Chemical Asia Pte Ltd Financial Overview
- Table 6 ADAMA Agriculture Solutions Company Overview
- Table 7 ADAMA Agriculture Solutions Financial Overview
- Table 8 Arysta LifeScience Co. Ltd Company Overview
- Table 9 Arysta LifeScience Co. Ltd Financial Overview
- Table 10 Bayer Crop Science AG Company Overview
- Table 11 Bayer Crop Science AG Financial Overview
- Table 12 Sotus International Co. Ltd Company Overview
- Table 13 Sotus International Co. Ltd Financial Overview
- Table 14 Corteva Agriscience Company Overview
- Table 15 Corteva Agriscience Financial Overview
- Table 16 Ag-gro Co. Ltd Company Overview
- Table 17 Ag-gro Co. Ltd Financial Overview
- Table 18 Syngenta International AG Company Overview
- Table 19 Syngenta International AG Financial Overview
- Table 20 SGS Thailand Limited (SGS SA) Company Overview
- Table 21 SGS Thailand Limited (SGS SA) Financial Overview
- Table 22 BASF SE Company Overview
- Table 23 BASF SE Financial Overview
